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  • When we wrapped up phase four of Rate the Raters in July 2011, we expressed our desire to further understand how ratings were creating value for and being used by companies, investors and other key stakeholders. Throughout our research, we’ve heard a good deal from companies about the pain caused by ratings, and so we were keen to ascertain how much (if any) of this pain is worth it. We thus set off in phase five to explore this question of value, and spoke with individuals responsible for ratings at nearly 30 companies in the process….

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  • The momentum around fair and responsible tax practices continues to build. I was struck by a recent comment from Britain’s highest paid executive who decided he should support responsible tax practice by disclosing that he pays all UK taxes with minimal tax avoidance (i.e. the legal ways of reducing tax bills). He believes, he says, ‘that if you want to be accepted in society you have to be seen to be paying your fair share’. His disclosures come hard on the heels of public denouncements of aggressive tax avoidance by David Cameron as ‘morally wrong’ and by a Treasury minister as ‘morally repugnant’. Nor is this issue restricted to the UK. Personal tax affairs feature strongly in the US Presidential elections. And the French billionaire CEO of Louis Vuitton was widely pilloried for seeking to shift his domicile to Belgium – allegedly to avoid the new 75% tax rate….

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  • Two decades ago, business and NGOs sat poles apart, wary of each other’s intent and aims. Twenty years on — and with the realization of the need for collective action on environmental and social issues that play out across geographical, political, market and ecosystem boundaries — we see a shifting landscape. But has this move towards a focus on partnerships and collaboration overshadowed …

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  • One of the perks of being a graduate student at the University of Michigan was access to football season tickets. With this, I learned the various rituals undertaken by the student section on game day, including chanting, “who cares?” when opposing team players’ names are announced before each game.

    This ritual still makes me smile for some reason, and is also a question many of us in the sustainability field ask during ratings and rankings season, which kicked off last week with the release of the Carbon Disclosure Project and the Dow Jones Sustainability Indexes. These results, like those in previous years, sparked a flurry of press releases by proud companies, angst in companies who fell short, blogs debating the merits and shortcomings of ratings, and consultancies offering their services to improve company performance….

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  • Dear Fossil Fuel,

    There is no easy way to do this, so I’ll just say it: I want a divorce!

    Writing this letter is very painful for me, but the contents will not come as a great surprise to you. Our relationship has been wondrous at times, with ups and downs like every marriage. But you’ve been abusive for too long and pushed me to the limit. It’s taken decades of counselling to build up the courage to leave you, but after 300 years together I’ve decided it is time I grew up and faced the future as a responsible adult….

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